Rare Bayfront Duplex Opportunity on Fort Myers Beach Stunning

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Home For Sale

21500 - 21504 Indian Bayou Dr

Fort Myers Beach, Florida 33931

Lee County

Waterfront: Yes

Community: INDIAN BAYOU SUBD

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$2,990,000 6 br, 4.0 bath 0 sq. ft. 0.580 acres

Rare Bayfront Duplex Opportunity on Fort Myers Beach Stunning bayfront duplex offering the best of both worlds-direct boating access and a short walk to the beach. Located at the end of a quiet cul-de-sac, this property features approximately 6,101 sq ft under air (unit B 3,006 sq ft unit A 3,095 sq ft) and is built on concrete pilings, effectively creating a 3-level structure. Professionally remodeled following hurricane damage, including installation of new code-compliant hurricane shutters. Multiple balconies and large windows provide expansive bay views from upper levels. Each unit offers: Top floor primary suite with balcony, dual walk-in closets, and spacious bathroom Second level with 2 bedrooms and Jack & Jill bathroom Main living area with open kitchen, dining, and 2-story great room with balcony Ground level garage space with capacity for multiple vehicles The property offers flexible use options: live in one side and rent the other, short- or long-term rental investment, or combine both units through existing interior access points on each level. Previously operated as a vacation rental property and will be reintroduced into a rental program. Property is offered turnkey furnished, excluding personal items and select artwork. Recent updates include: New metal roof Updated A/C systems Vinyl flooring Impact sliding doors (primary suites) Pool resurfacing with new tile and spa New pool equipment Additional features: Elevator shaft (currently non-operational) Mangrove trimming permit in place (recently completed) 3 separate parcel IDs (per county records) Important notes: Dock was damaged by Hurricane Ian and will require replacement (information available) Property is sold as-is Showings by appointment only.

Interior:
  • Bedrooms: 6
  • Baths: 4.0
  • Sq Ft: 0
  • Year Built: 1997
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Electric (Heating), Central
  • Garage: 
Exterior:
  • Lot Size: 0.580 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco, WoodFrame
  • Roof: Metal
  • Property Taxes: $28,977
  • Swimming Pool: Yes
  • MLS #: 2026017632
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Contact Information:
Beach Home For Sale in Fort Myers Beach, Florida
Listing Agent: Caprice Krumsick, Realty One Group MVP, 239-677-7141, 800-896-8790 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7577565
Viewed 25 times.
Updated: Apr 16, 2026

This property is a Home located at 21500 - 21504 Indian Bayou Dr, Fort Myers Beach, Florida 33931, and is currently For Sale at $2,990,000. This Home has 6 bedrooms, 4.0 baths, 0 sq ft.